Broadcom Inc. (AVGO) Analysts See $4.18 EPS

August 12, 2018 - By Sheila Pollock

Broadcom Inc. (NASDAQ:AVGO) LogoInvestors sentiment decreased to 0.67 in 2018 Q1. Its down 1.00, from 1.67 in 2017Q4. It is negative, as 1 investors sold Broadcom Inc. shares while 2 reduced holdings. 0 funds opened positions while 2 raised stakes. 198,376 shares or 0.33% more from 197,722 shares in 2017Q4 were reported.
1,266 were reported by Wagner Bowman Mgmt. Mitchell Mcleod Pugh And Williams owns 2,908 shares. Gemmer Asset Mgmt Limited Liability Company reported 127 shares. Vantage Investment Advisors Limited Liability Company holds 12 shares. Eqis Capital has invested 0.23% in Broadcom Inc. (NASDAQ:AVGO). First Bank & Trust Of Omaha has 0.23% invested in Broadcom Inc. (NASDAQ:AVGO). Cibc Ww Mkts Corporation has invested 0.34% in Broadcom Inc. (NASDAQ:AVGO). Balasa Dinverno And Foltz Lc invested in 1,598 shares or 0.06% of the stock.

Analysts expect Broadcom Inc. (NASDAQ:AVGO) to report $4.18 EPS on August, 23.They anticipate $0.45 EPS change or 12.06 % from last quarter’s $3.73 EPS. AVGO’s profit would be $1.75B giving it 12.69 P/E if the $4.18 EPS is correct. After having $4.38 EPS previously, Broadcom Inc.’s analysts see -4.57 % EPS growth. The stock decreased 2.01% or $4.35 during the last trading session, reaching $212.23. About 3.30 million shares traded. Broadcom Inc. (NASDAQ:AVGO) has risen 3.81% since August 13, 2017 and is uptrending. It has underperformed by 8.76% the S&P500.

Broadcom Inc. (NASDAQ:AVGO) Ratings Coverage

Among 36 analysts covering Broadcom Ltd (NASDAQ:AVGO), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 75% are positive. Broadcom Ltd had 60 analyst reports since February 20, 2018 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Tuesday, May 1. The stock of Broadcom Inc. (NASDAQ:AVGO) has “Buy” rating given on Tuesday, May 1 by Deutsche Bank. The company was maintained on Friday, March 16 by JP Morgan. The stock has “Neutral” rating by Nomura on Thursday, July 12. Jefferies maintained Broadcom Inc. (NASDAQ:AVGO) on Friday, June 8 with “Buy” rating. UBS maintained it with “Buy” rating and $300 target in Friday, July 20 report. Barclays Capital maintained the stock with “Overweight” rating in Monday, March 26 report. The rating was downgraded by Nomura on Wednesday, May 9 to “Hold”. The rating was maintained by J.P. Morgan with “Buy” on Friday, April 13. The firm has “Buy” rating given on Friday, March 16 by Jefferies.

Broadcom Limited designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company has market cap of $88.75 billion. The firm operates through four divisions: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. It has a 8 P/E ratio. The Wired Infrastructure segment provides set-top box system-on-chips ; cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; Ethernet switching and routing application products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic laser and receiver components.

More notable recent Broadcom Inc. (NASDAQ:AVGO) news were published by: Nasdaq.com which released: “Broadcom Announces Production Availability of Industry’s First 100G Programmable Storage Adapter with NVMe-oF …” on August 07, 2018, also Nasdaq.com with their article: “Notable Monday Option Activity: AVGO, BCC, CVS” published on July 23, 2018, Seekingalpha.com published: “Is Tesla Your First Choice For Near-Term Wealth Building, Or Is Broadcom?” on July 23, 2018. More interesting news about Broadcom Inc. (NASDAQ:AVGO) were released by: Nasdaq.com and their article: “NXP Semiconductors Should Enjoy a Bright Future Without Qualcomm” published on July 24, 2018 as well as Seekingalpha.com‘s news article titled: “Your 52 Top Yield, Upside, And Net Gain Nasdaq Stocks For July” with publication date: July 16, 2018.

Broadcom Inc. (NASDAQ:AVGO) Ratings Chart

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